Daily Global Market Update

Bitcoin dips 0.7% with bearish sentiment, NIO soars 5.7% but overbought, Aussie edges up 0.1% positively, Gold drops 0.1% with bullish sign. Oil prices steady amid Israel-Hamas tensions. Dollar holds, Fed remarks ease rate hike worries. Legal tangle over $284 million claim in BlockFi case. Today's economic focus: US MBA Mortgage Apps, Germany CPI, Japan's PPI, and more.
Moneta Markets | 1124 hari yang lalu

Bitcoin's Descending Trajectory

The Bitcoin-dollar pairing witnessed a dip of 0.7% in its previous session. According to the Williams R indicator, we're encountering a bearish sentiment.

 

 

NIO's Impressive Rally

Shares of NIO soared by a significant 5.7% during the last trading bout. The Stochastic RSI delineates an overbought market scenario.

 

 

The Aussie's Slight Advancement

The Australian dollar edged up by 0.1% against its American counterpart in the recent session. A positive sentiment is relayed by the Stochastic indicator.

 

 

Gold's Minor Retraction

The gold-dollar pair noted a subtle decline, dropping by 0.1% in the last session. A bullish sign is indicated by the Williams R.

 

 

Global Market Insights

Oil prices displayed a relaxed demeanor following their impressive 4% rally in the prior session. Market participants remain vigilant, monitoring potential supply perturbations amidst the escalating military confrontation between Israel and Hamas. In currency corridors, the dollar maintained a steady pulse, lingering below recent zeniths. Remarks from Federal Reserve officials mitigated rate hike anticipations. However, the ongoing discord between Israel and Hamas keeps investors on their toes. corner beheld a legal tangle, as Three Arrows Capital's bid to chase a $284 million claim against financier BlockFi was ushered into mediation by the overseeing US bankruptcy adjudicator.

 

Today's Economic Focus

A glimpse at the day’s pivotal economic unveilings:

• US MBA Mortgage Applications - 1100 hours GMT

• Germany's Harmonised Index of Consumer Prices - 0600 hours GMT

• Japan's Machine Tool Orders - 0600 hours GMT

• Japan's Producer Price Index - 2350 hours GMT

• US Producer Price Index - 1230 hours GMT

• UK's RICS Housing Price Balance - 2301 hours GMT

Moneta Markets
Tipe: STP, ECN
Regulasi: FCA (UK), FSA (Seychelles), FSCA (South Africa)
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